I tested with a 64MB, 124s long, 1152x720 .MOV video converted to .MP4 and here's what I saw:
modfy.video - 258 seconds
native ffmpeg - 23 seconds
This was using a 2020 MBP with a 2.3 GHz Quad-Core Intel Core i7 processor & 32GB of RAM. My local ffmpeg version was v4.3.1.
So it looks like performance definitely takes a hit due to WASM, but I'm sure performance will improve, and this is technically a very impressive achievement. The UI is really nice, and the privacy benefits of remaining client side, whilst delivered through the Web are great (i.e. nothing to install locally).
I'm one of the co-founders @ Zamzar so really interested in this space. Congrats to @cryogenicplanet on this project - you've done a great job with it!